Scaling heat pump technology in California, and energy load shifting Harvest Thermal systems in particular, will also reduce strain on the state's grid — which recently averted widespread blackouts — while increasing access to cooling as heat waves become more prevalent. Revalue.io, BlocPower's strategic developer partner in the San Francisco Bay Area, is also excited about Harvest's elegant design and load shifting capabilities, looking for support in delivering cutting-edge technology training for their network of Minority- and Women-Owned Business (MWOB) contractors.
BlocPower makes building decarbonization accessible and affordable at scale while helping cities and communities participate in the benefits of climate solutions with job creation and improved health outcomes. The company's focus is the millions of underserved small- and medium-sized buildings nationwide in need of $1.2 trillion in upgrades and responsible for 7% of U.S. greenhouse gas emissions.
"We are delighted to partner with Harvest Thermal on our joint mission to decarbonize homes at the lowest cost. Harvest's groundbreaking technology provides the cleanest space heating and hot water solution in the market. With our scale and $0 down financing solution, we make clean energy accessible for all customers," said Roopak Kandasamy, general manager-West for BlocPower.
"One of our maxims at Harvest Thermal is lowest carbon energy must be affordable to everyday people," said Dr. Jane Melia, CEO and co-founder of Harvest Thermal. "Given BlocPower's expertise, reach and innovative financial models, BlocPower is the perfect partner for us. The partnership has incredible synergy with the potential to accelerate building decarbonization and meet the US commitment to fighting climate change." Melia was named "100 Women of Influence" by Entrepreneur Magazine in the October issue.
BlocPower and Harvest Thermal are currently scoping a 5 project pilot, before ramping to 50 projects in 2023 and a target of 1,000+ installations in 2024 and beyond.